The Most Important UK Election of the Century So Far

There’s only one story in the UK this morning – it’s the day Britain goes to the polls. It’s no exaggeration to say that this election is probably the most important of the century so far. If the ruling Conservative party wins a clear majority, then some form of Brexit is almost certain to go ahead.

If the Conservatives fail to win a majority, then, depending on the final makeup of any government, Brexit will likely be delayed or even derailed, with a second referendum or even outright cancellation on the cards.

In the run up to this election, polls have so far suggested that a majority for the Conservative party is the most likely outcome. But if the last four years or so have taught us anything at all, it’s that the “most likely” outcome is not always the one that wins out on the day.

The polls open at 7am and close at 10pm, at which point we will get an exit poll, which could be market moving.

Sign up to Money Morning daily email


NEWS & COMMENTARY

Gold little changed as U.S. tariff deadline approaches

United Kingdom votes to decide the fate of Brexit, again

Sterling derivative markets flash red as British election gets underway

Swiss National Bank indicates negative rates to stay for long haul

Saudi Aramco shares surge 10% as historic IPO begins trading (valuation of $1.88 trillion) 
 
 After year of living dangerously, Fed likely to signal time to lay low

The Fed is expected to hold rates steady and vow to keep short-term lending markets stable

Repo rupture at year-end could lead to ‘QE4’ – Credit Suisse analyst 


GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)

11-Dec-19 1468.05 1466.80, 1116.89 1112.71 & 1324.92 1322.47
10-Dec-19 1464.45 1464.95, 1112.25 1112.04 & 1322.69 1322.26
09-Dec-19 1463.60 1461.70, 1112.04 1111.48 & 1323.09 1320.06
06-Dec-19 1474.85 1459.65, 1122.80 1112.40 & 1328.54 1320.25
05-Dec-19 1474.60 1475.95, 1122.76 1122.31 & 1329.65 1329.54
04-Dec-19 1475.85 1475.10, 1131.53 1125.94 & 1332.54 1327.89
03-Dec-19 1470.40 1477.30, 1132.50 1136.78 & 1328.51 1333.12
02-Dec-19 1457.50 1461.15, 1130.00 1130.05 & 1323.26 1321.17
29-Nov-19 1456.35 1460.15, 1129.55 1131.32 & 1323.24 1327.42
28-Nov-19 1457.55 1454.65, 1127.27 1127.35 & 1323.60 1321.84



Watch Our Latest Video Update Here


SIGN UP FOR OUR AWARD WINNING MARKET UPDATES HERE


Mark O'Byrne

Also on news-goldcore-com

Videos

Marc Faber Interview 2021: Don’t Sell Your Gold

Buy Physical Silver Now- Gary Savage

David Hunter – The Contrarian View: Market to Crash by 80%

Blog posts

Money printing is worse than bad sushi!

Today we watched a video of the Chinese demolishing dozens of high-rise apartment blocks per government mandate, the video is here. This implosion video reached us on the same day that China’s largest real estate development company Evergrande seems ready to also implode its balance sheet.  Here is a story from Reuters with a video […]

READ MORE

Buy Physical Silver Now- Gary Savage

The Fed has indicated that rates will be raised but has offered no indication of when or by how much. Could this cause a melt-up in stocks before we see a massive correction? We ask our guest on this episode of GoldCore TV, Technical Analyst, Gary Savage of Smart Money Tracker. Watch the Video to […]

READ MORE

Gold Rallies as Delta Fears Grow

From the Perth Mint Gold prices rose by almost 4% during July as fears over the spread of the COVID-19 Delta variant helped push bond yields lower. Despite the rally, the precious metal remains range bound around USD 1,800 per troy ounce, with the market awaiting a decisive catalyst to determine whether we see more […]

READ MORE

Featured

Gold, the Tried-and-True Inflation Hedge for What’s Coming!

READ MORE

How High is Too High for Rising Government Bond Yields?

READ MORE

Silver – 7 Reasons it is Still Set to Soar

READ MORE
Newsletter
Category
Archives
Popular

No posts available

Videos

Marc Faber Interview 2021: Don’t Sell Your Gold

Buy Physical Silver Now- Gary Savage

David Hunter – The Contrarian View: Market to Crash by 80%

Blog posts

Money printing is worse than bad sushi!

Today we watched a video of the Chinese demolishing dozens of high-rise apartment blocks per government mandate, the video is here. This implosion video reached us on the same day that China’s largest real estate development company Evergrande seems ready to also implode its balance sheet.  Here is a story from Reuters with a video […]

READ MORE

Buy Physical Silver Now- Gary Savage

The Fed has indicated that rates will be raised but has offered no indication of when or by how much. Could this cause a melt-up in stocks before we see a massive correction? We ask our guest on this episode of GoldCore TV, Technical Analyst, Gary Savage of Smart Money Tracker. Watch the Video to […]

READ MORE

Gold Rallies as Delta Fears Grow

From the Perth Mint Gold prices rose by almost 4% during July as fears over the spread of the COVID-19 Delta variant helped push bond yields lower. Despite the rally, the precious metal remains range bound around USD 1,800 per troy ounce, with the market awaiting a decisive catalyst to determine whether we see more […]

READ MORE

Featured

Gold, the Tried-and-True Inflation Hedge for What’s Coming!

READ MORE

How High is Too High for Rising Government Bond Yields?

READ MORE

Silver – 7 Reasons it is Still Set to Soar

READ MORE